Market news

Show news:


19.03.2019 22:21

U.S. factory orders increase less than forecast in January

The U.S. Commerce Department reported on Tuesday that the value of new factory orders edged up 0.1 percent m-o-m in January, following an unrevised 0.1 percent m-o-m gain in December.

Economists had forecast a 0.3 percent m-o-m advance.

According to the report, orders for machinery rose 1.5 percent m-o-m in January after decreasing 0.4 percent m-o-m in December, while orders for electrical equipment, appliances and components climbed 1.4 percent m-o-m after dropping 0.3 percent m-o-m in December and transportation equipment orders jumped 1.2 percent m-o-m after a 3.2 percent m-o-m rise in December. At the same time, computers and electronic products orders fell 0.9 percent m-o-m in January after declining 0.4 percent in December, orders for mining, oil field and gas field machinery dropped 2.7 percent m-o-m after tumbling 8.2 percent m-o-m in December and orders for primary metals decreased 2.0 percent m-o-m and fabricated metal products orders fell 0.6 percent m-o-m.

Total factory orders excluding transportation, a volatile part of the overall reading, fell 0.2 percent m-o-m in January (compared to a 0.6 percent m-o-m drop in December), while orders for nondefense capital goods excluding aircraft, a measure of business spending plans, increased 0.8 percent m-o-m compared to a 0.8 percent m-o-m decline in December. The report also showed that shipments of core capital goods also rose 0.8 percent m-o-m in January, following a drop of 0.1 percent m-o-m in December.

In y-o-y terms, factory orders increased 3.8 percent in January.


Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

Market focus

  • White House economic adviser Kudlow: U.S. and China "very close" on opening of financial markets
  • Chinese vice foreign minister says progress made in trade talks with U.S
  • BoE reform needed to boost firepower for downturns - think tank
  • Earnings Season in U.S.: Major Reports of the Week
October 2019
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Sydney 21:00 06:00 00:00 09:00 00:00 09:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenCloseе
London 07:00 16:00 10:00 19:00 10:00 19:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
American New York 12:00 21:00 15:00 00:00 15:00 00:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Chicago 13:00 22:00 16:00 01:00 16:00 01:00